Egypt’s Sharm El-Sheikh braces for African Development Bank’s annual meetings 2023
After successfully hosting COP27 in November 2022, the Egyptian resort city of Sharm El-Sheikh is getting ready for…
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Egypt’s central bank
BREAKING: Egypt’s central bank keeps rates unchanged at 2023 first meeting
Egypt’s central bank has hiked its key interest rates by 150 basis points on Thursday as it keeps battling…
S&P Global affirms Egypt’s B rating on exchange rate flexibility, IMF, GCC support
S&P Global Ratings has affirmed on Friday Egypt’s credit rating at B with a stable outlook buoyed by he latest…
Foreign investors pour $925 million into Egypt since January 11: central bank
Foreign investors have transferred more than $925 million into the Egyptian foreign exchange market in the three…
IMF: Egypt’s central bank may warrant additional policy tightening to curb inflation
Egypt’s central bank (CBE) may warrant additional monetary policy tightening as persistent inflationary pressures…
Egypt’s net foreign reserves surge to $34.002 billion in December
Egypt’s net foreign reserves surged to $34.002 billion at the end of December from $33.532 billion at the end of…
Egypt’s central bank announces rate meeting schedule for 2023
Egypt’s central bank on Saturday announced the schedule of its meetings that determine the course of monetary…
BREAKING: Egypt’s central bank hikes interest rates 3%
Egypt’s central bank has on Thursday decided to hike interest rates by 3 percent to contain inflationary pressures…
Report: Egypt’s pound now under supply, demand forces, floatation not “accurate term”
Egypt’s pound currency is now under the forces of supply and demand since October 27 when the central bank moved to…
The godfather of CIB Egypt bank, Hisham Ezz Al-Arab, returns as chairman – Al…
Egyptian veteran banker Hisham Ezz Al-Arab returns for a second stint as chairman of the Commercial International…
